India to set up 75 textile hubs to support exports

The Indian government plans to setup 75 textile hubs like Tiruppur to support textile exports, said Piyush Goyal, Union Minister of Textiles addressing a exporters’ meeting in Tiruppur. The meeting was organized by the Federation of Indian Export Organizations (FIEO) and Apparel Export Promotion Council.

The textile hubs will not just promote textile exports but also create huge employment opportunities, Goyal added. In 1985, Tiruppur exported garments worth Rs 15 crore annually. Growing at a CAGR of 23 per cent, exports have reached Rs 30,000 crore in 2021-22. Tiruppur’s garment industry employs four crore people across the textile value chain and its current size is Rs 10 lakh crore, Goyal stated.